"The overnight move to remote-working in reaction to pandemic exposed organisations' vulnerabilities while security leaders had to cut down on their security spending in 2020 because of IT budget cuts. In 2021, this trend is reversing," said Prateek Bhajanka, Senior Principal Research Analyst at Gartner.
"A secure digital environment is now foundational to organisations' growth and in preparation for another crisis that may arise. Security leaders are ready to reinvest in cybersecurity with a renewed and refreshed rigour."
Gartner analysts shared how security and risk management leaders (CISOs) can advance their IT cybersecurity and risk strategy at the Gartner security and risk management summit in India taking place virtually on Thursday.
In 2021, organisations are expected to increase their spending across all segments of security and risk management. A continuing trend from last year, cloud security and integrated risk management will experience the highest growth in 2021, up by 251 per cent and 27.8 per cent respectively.
"In 2020, hyper scalers such as Amazon web services, Microsoft Azure and Google cloud increased their investment in data centres in India, further catalysing Indian organisations' move to cloud during the pandemic," he added.
Indian CISOs and security leaders will focus on establishing and deploying threat detection and response programs and capabilities such as endpoint detection and response and move to cloud-delivered security capabilities to have consistent security coverage whether working from office, home or off-site.
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(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
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